The list of output registers is
: "=r"(ret) : "r"(iha), "r"(pte):"memory");
The constraint "=r" means that the GCC has to maintain that these vars
are in registers and contain valid info when the program flow leaves
the assembly block (output registers).
But "=r" also means that GCC can put them in registers that are used
as input registers. Input registers are iha, pte on the example.
If the predicate p7 is true, the 8th assembly instruction
"(p7) mov %0=r0;"
is the first one which writes to a register which is maintained by the
register constraints; it sets %0. %0 means the first register operand;
it is ret here.
This instruction might overwrite the %2 register (pte) which is needed
by the next instruction:
"(p7) st8 [%2]=r9;;"
Whether it really happens depends on how GCC decides what registers it
uses and how it optimizes the code.

The attached patch fixes the register operand constraints in
arch/ia64/kvm/vtlb.c.
The register constraints should be
: "=&r"(ret) : "r"(iha), "r"(pte):"memory");
The & means that GCC must not use any of the input registers to place
this output register in.

This is Debian bug#702639
(http://bugs.debian.org/cgi-bin/bugreport.cgi?bug=702639).

The patch is applicable on Kernel 3.9-rc1, 3.2.35 and many other versions.